Meridian Q4 net income rises 7.9% from last quarter

Overview

• Community bank's Q4 net income rose 7.9% from Q3 2025 to $7.2 mln

• Q4 pre-provision net revenue was $12.6 mln, up 13%

• Company increased quarterly dividend by 12% to $0.14 per share

Outlook

• Meridian Corporation did not provide specific guidance for future quarters or the full year

Result Drivers

• COMMERCIAL LOAN GROWTH - Driven by new and existing loan relationships, despite SBA loan sales and a residential mortgage sale

• NET INTEREST MARGIN - Improved due to lower deposit rates and effective management of brokered deposit stack

• WEALTH MANAGEMENT GROWTH - Assets under management grew 7.8%, aided by new hires and stock market gains in client portfolios

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Meridian Corp is $20.00, about 9.5% above its January 28 closing price of $18.26

Press Release: ID:nGNXbTxDdm

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